Peter Fass

Peter M. Fass, a partner, co-heads the Real Estate Capital Markets Group, which handles all aspects of the disciplines involved in the execution of a real estate securities transaction (corporate, partnership, tax, ERISA, securities and real estate law).

He is uniquely qualified to assist issuers, underwriters, lenders and investors (both taxable and tax-exempt) in evaluating a real estate securities transaction, structuring such a transaction and then executing the transaction from start to finish.

With over 40 years of experience in every type of real estate securities and syndication transaction, Peter has been counsel on many of the largest private and publicly offered real estate securities transactions during that period of time.

He has represented numerous financial service organizations in connection with privately and publicly offered non-traded limited partnerships and publicly offered traded and non-traded real estate investment trusts.

Included in Peter’s extensive experience is substantial activity in the fields of partnership law, limited partnership tender offers, real estate investment trust offerings (listed and non-listed), joint ventures, limited partnership offerings (both private and public) and mergers of publicly traded REITs and initial listings of non-traded REITs.

Peter is ranked as a “Senior Statesman” in Capital Markets REITs and Real Estate Finance by Chambers USA, which notes that clients have regarded him as “vastly experienced” and “an absolute legend and one of the all-time greats of real estate tax.” US Legal 500 also recognizes Peter as a leading lawyer and notes that clients single him out as “the godfather of the non-traded REIT industry.”

In addition, Peter has written and lectured on a wide range of investment topics including real estate investment trusts, real estate syndication, partnership structuring, tax shelters and movie finance.

His publications include The Real Estate Investment Trusts Handbook, Blue Sky Practice for Public and Private Direct Participation Offerings, the seven-volume treatise entitled Tax Advantaged Securities, Tax Advantaged Securities Handbook, the Subchapter S Handbook and a two-volume treatise on Tax Aspects of Real Estate Investments, all published by Thomson Reuters West. Peter also writes a bi-monthly column for the New York Law Journal on real estate securities.

Peter has served on the NASD Direct Participation Committee and a subcommittee thereof which drafted the NASD’s roll-up rules that were eventually adopted. Those rules, along with the Federal and California Acts (on which Peter, through industry lobbying efforts, had significant input), currently set the basic structure for the roll up of limited partnerships.

Education :

• New York University School of Law, LL.M., 1964
• Harvard Law School, J.D., 1961
• The Wharton School of the University of Pennsylvania, B.S., 1958

Admissions & Qualifications : New York

Memberships :

• American Bar Association (Supervising Council Member and Chairman of Real Estate Investment Committee for the Real Property, Probate and Trust Division, Tax Section, Special Tax Shelter Committee
• New York City Bar Association
• American Institute of Certified Public Accountants
• New York State Society of Certified Public Accountants
• Beta Gamma Sigma (National Honorary Business Society)